Legal &amp; Regulation http://www.hedgeweek.com/taxonomy/term/65/all en Guernsey remains on course for third country passport following positive ESMA recommendation http://www.hedgeweek.com/2016/07/21/241878/guernsey-remains-course-third-country-passport-following-positive-esma-recommendat <p><em><strong>The European Securities and Markets Authority (ESMA) has further recommended Guernsey for a &lsquo;third country&rsquo; passport under the Alternative Investment Fund Managers Directive (AIFMD).</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/07/21/241878/guernsey-remains-course-third-country-passport-following-positive-esma-recommendat" target="_blank">read more</a></p> Legal & Regulation Thu, 21 Jul 2016 11:25:16 +0000 mkitchen 241878 at http://www.hedgeweek.com New GLEIF challenge facility triggers updates of LEI data to all interested parties http://www.hedgeweek.com/2016/07/13/241596/new-gleif-challenge-facility-triggers-updates-lei-data-all-interested-parties <p><em><strong>The Global Legal Entity Identifier Foundation (GLEIF), the body responsible for ensuring the operational integrity of the Global Legal Entity Identifier (LEI) System, has launched its new data challenge facility.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/07/13/241596/new-gleif-challenge-facility-triggers-updates-lei-data-all-interested-parties" target="_blank">read more</a></p> Compliance Legal & Regulation Wed, 13 Jul 2016 12:24:14 +0000 Emily.Perryman 241596 at http://www.hedgeweek.com Chapter 1: Legal & fund structuring http://www.hedgeweek.com/2016/07/07/241387/chapter-1-legal-fund-structuring <p><em><strong>Over the years, Ireland has built out its financial services industry to become Europe&#39;s de facto onshore alternative funds domicile.&nbsp;</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/07/07/241387/chapter-1-legal-fund-structuring" target="_blank">read more</a></p> Legal & Regulation Thu, 07 Jul 2016 13:39:36 +0000 mkitchen 241387 at http://www.hedgeweek.com UK hedge fund manager and CIO settle with SEC over misleading disclosures concerning trade allocations http://www.hedgeweek.com/2016/06/29/241069/uk-hedge-fund-manager-and-cio-settle-sec-over-misleading-disclosures-concerning-tr <p><strong><em>A UK-based investment adviser and its Chief Investment Officer (CIO) have agreed to pay more than USD2.5 million to settle charges that they breached their fiduciary duties by operating two private funds in a manner inconsistent with their prior disclosures about the nature and extent to which they allocated IPOs and other securities offerings between the funds.</em></strong></p> <p><a href="http://www.hedgeweek.com/2016/06/29/241069/uk-hedge-fund-manager-and-cio-settle-sec-over-misleading-disclosures-concerning-tr" target="_blank">read more</a></p> Europe Legal & Regulation Wed, 29 Jun 2016 08:34:53 +0000 241069 at http://www.hedgeweek.com CFTC charges former CBOE member Alvin Guy Wilkinson with fraud http://www.hedgeweek.com/2016/06/29/241064/cftc-charges-former-cboe-member-alvin-guy-wilkinson-fraud <p><em><strong>The US&nbsp;CFTC&nbsp;has charged former&nbsp;CBOE&nbsp;member Alvin Guy Wilkinson and his limited partnerships Chicago Index Partners (CIP) and Wilkinson Financial Opportunity Fund (WFOF) with fraud and acting as unregistered Commodity Pool Operators.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/06/29/241064/cftc-charges-former-cboe-member-alvin-guy-wilkinson-fraud" target="_blank">read more</a></p> Legal & Regulation Wed, 29 Jun 2016 08:27:17 +0000 241064 at http://www.hedgeweek.com The Cayman Islands Limited Liability Company http://www.hedgeweek.com/2016/06/20/240727/cayman-islands-limited-liability-company <p><em>By Ebony Myles-Berry, International Management Services &ndash; <strong>In December 2015, the Cayman Islands published the Limited Liability Companies Bill that introduced the Cayman Islands Limited Liability Company (the &ldquo;Cayman LLC&rdquo;).&nbsp; The Cayman LLC is modelled on both the Delaware Limited Liability Companies law and Cayman Islands legislation. The Cayman LLC combines characteristics of a Cayman Islands exempted company and a Cayman Islands exempted partnership. The new vehicle is designed to allow more flexibility to Cayman Islands structures with the addition of a vehicle type that is very familiar to fund managers. &nbsp;</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/06/20/240727/cayman-islands-limited-liability-company" target="_blank">read more</a></p> Legal & Regulation Mon, 20 Jun 2016 07:41:59 +0000 mkitchen 240727 at http://www.hedgeweek.com AIFs and UCITS - What’s next…? Part 2: SGSS European Roadshow http://www.hedgeweek.com/2016/06/16/240662/aifs-and-ucits-what%E2%80%99s-next-part-2-sgss-european-roadshow <p><em><strong>Such has been the pace of regulatory change in recent years that there now appears to be a degree of overlap between UCITS V and AIFMD as European regulators and the European Commission commit to enhancing investor protection, not just in UCITS funds but all alternative investment funds. With UCITS V now live, there are areas of common ground with AIFMD, principally regarding the depositary liability sanctions regime and the remuneration regime. &nbsp;</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/06/16/240662/aifs-and-ucits-what%E2%80%99s-next-part-2-sgss-european-roadshow" target="_blank">read more</a></p> Legal & Regulation Thu, 16 Jun 2016 09:50:58 +0000 mkitchen 240662 at http://www.hedgeweek.com CME Group welcomes ESMA recognition http://www.hedgeweek.com/2016/06/15/240601/cme-group-welcomes-esma-recognition <p><strong><em>CME Group Executive Chairman and President Terry Duffy has welcomed the European Securities and Markets Authority&#39;s (ESMA) recognition of CME Inc under EU regulations.</em></strong></p> <p><a href="http://www.hedgeweek.com/2016/06/15/240601/cme-group-welcomes-esma-recognition" target="_blank">read more</a></p> Europe Legal & Regulation Wed, 15 Jun 2016 08:04:12 +0000 240601 at http://www.hedgeweek.com Regulatory reporting the smart way http://www.hedgeweek.com/2016/06/09/240418/regulatory-reporting-smart-way <p><em><strong>KNEIP is one of the fund industry&#39;s foremost legal and regulatory report providers. Over the years it has helped traditional asset managers overcome the data management complexities of regulated UCITS funds.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/06/09/240418/regulatory-reporting-smart-way" target="_blank">read more</a></p> Legal & Regulation Technology and software solutions Thu, 09 Jun 2016 11:01:37 +0000 mkitchen 240418 at http://www.hedgeweek.com CFTC charges Haena Park and her companies with misappropriation and fraud http://www.hedgeweek.com/2016/06/06/240236/cftc-charges-haena-park-and-her-companies-misappropriation-and-fraud <p><strong><em>The US CFTC has charged&nbsp;Haena Park (Park) and her companies Phaetra Capital GP, a/k/a/ Argenta Capital GP LLC, Phaetra Capital Management LP, a/k/a Argenta Capital LLC, and Argenta Group LLC, with fraudulently operating a commodity pool and misappropriation of pool participants&rsquo; assets.&nbsp;</em></strong></p> <p><a href="http://www.hedgeweek.com/2016/06/06/240236/cftc-charges-haena-park-and-her-companies-misappropriation-and-fraud" target="_blank">read more</a></p> North America Legal & Regulation Mon, 06 Jun 2016 08:08:18 +0000 240236 at http://www.hedgeweek.com Bitcoin exchange Bitfinex hit with USD75,000 CFTC penalty http://www.hedgeweek.com/2016/06/03/240191/bitcoin-exchange-bitfinex-hit-usd75000-cftc-penalty <p><strong><em>The US CFTC has ordered Hong Kong-based bitcoin exchange, BFXNA Inc (Bitfinex) to pay a USD75,000 civil penalty for offering illegal off-exchange financed retail commodity transactions in bitcoin and other cryptocurrencies.</em></strong></p> <p><a href="http://www.hedgeweek.com/2016/06/03/240191/bitcoin-exchange-bitfinex-hit-usd75000-cftc-penalty" target="_blank">read more</a></p> North America Legal & Regulation Fri, 03 Jun 2016 08:23:15 +0000 240191 at http://www.hedgeweek.com RIMES brings buy-side compliance teams together ahead of forthcoming regulation http://www.hedgeweek.com/2016/05/31/240067/rimes-brings-buy-side-compliance-teams-together-ahead-forthcoming-regulation <p><em><strong>RIMES, a provider of managed data services for the buy-side, is hosting its inaugural Regulatory Seminar on 9 June in London, bringing together compliance managers from within the buy-side industry ahead of months of significant regulatory change.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/05/31/240067/rimes-brings-buy-side-compliance-teams-together-ahead-forthcoming-regulation" target="_blank">read more</a></p> Legal & Regulation Tue, 31 May 2016 15:51:29 +0000 240067 at http://www.hedgeweek.com Chapter 2: Regulations & compliance http://www.hedgeweek.com/2016/05/16/239550/chapter-2-regulations-compliance <p><em><strong>US hedge fund managers face significant regulatory requirements, which this chapter cannot possibly cover in detail. But there are a few key areas of particular import, which shall be summarised below. In addition, this chapter will highlight some of the key considerations for implementing a compliance manual; a must-do task for any ambitious start-up manager who intends to incorporate best practices from the get-go and place themselves in the best possible light with prospective investors.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/05/16/239550/chapter-2-regulations-compliance" target="_blank">read more</a></p> Legal & Regulation Mon, 16 May 2016 11:41:20 +0000 mkitchen 239550 at http://www.hedgeweek.com Financial budgeting: One chance to succeed http://www.hedgeweek.com/2016/05/16/239549/financial-budgeting-one-chance-succeed <p><em><strong>Planning a hedge fund launch is a serious business. People need to decide whether they are truly ready, both financially and mentally, and be confident in their investment strategy. This may sound trite but all too often start-ups rush to get a hedge fund in place without clearly thinking everything through.&nbsp;</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/05/16/239549/financial-budgeting-one-chance-succeed" target="_blank">read more</a></p> Legal & Regulation Mon, 16 May 2016 11:37:28 +0000 mkitchen 239549 at http://www.hedgeweek.com Structuring a tax-efficient hedge fund http://www.hedgeweek.com/2016/05/16/239548/structuring-tax-efficient-hedge-fund <p><em><strong>When embarking on any new business, it&#39;s important that one not only engages professionals with deep industry knowledge but also commercial knowledge to support the various stages of business growth. For anyone establishing a hedge fund, their needs are going to change as their business evolves from launch to maturity.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/05/16/239548/structuring-tax-efficient-hedge-fund" target="_blank">read more</a></p> Legal & Regulation Mon, 16 May 2016 11:22:43 +0000 mkitchen 239548 at http://www.hedgeweek.com